Bearskin Lake

Sage has entered into an option agreement to earn an undivided 100-per-cent interest in 14 unpatented mining claims located in Walters township. The property is located five kilometres east-southeast of the Ontex Brookbank property. The earn-in consideration is $42,000 over three years plus 150,000 common shares of Sage.

King Solomon's Pillars (Solomon's Pillars Kodiak historic hole drilled in 2008 SP-08-20)

Pursuant to a purchase and sale agreement, Sage has purchased a 100-per-cent interest in a 21-year lease, No. 107144, as well as four unpatented mining claims on the Solomon's Pillars property. The property is situated contiguous to the eastern boundary of Sage's Solomon Pillar's property where Sage recently announced (see Stockwatch on Sept. 3, 2009) a channel sample of 351.58 grams per tonne gold over 1.28 metres. Historical drill hole SP-08-20 ran 4.32 g/t Au over six metres. In consideration thereof, Sage will issue to the vendor 400,000 common shares of Sage and a cash payment of $30,000.

Sage president and chief executive officer, Nigel Lees, commented: "These property additions complement and strategically add to our existing portfolio in the Beardmore-Geraldton gold camp. For instance, King Solomon's Pillars adds an important eastern section to our Soloman's Pillars property; the Bearskin property includes the southern extension of the Paint Lake shear;

Sage is continuing to aggressively explore its properties in the BGG camp. This program has included prospecting, trenching and drilling. High-grade channel and grab samples have been previously announced on its three principal properties -- Golden Extension, Paint Lake and Solomon's Pillars. An extensive drill program is currently being conducted on the Paint Lake and Solomon's Pillars properties. Drill results should be available in November.

In addition to these property acquisitions, Sage's strategy is to advance its properties through exploration and acquire advanced gold properties with resources that can be developed over the near term into production."

Good move or not by Kodiak managment? Time will soon tell as Sage is now aggressivly exploring both results are due in Nov.One management teams garbage appears to be anothers treasure, I wonder what the Sage geologic team sees that Brian's team did not?